Federal government likely to raise petroleum prices yet again on OGRA recommendation

ISLAMABAD: Federal government is likely to raise petroleum prices yet againon OGRA recommendation.

The Oil and Gas Regulatory Authority (OGRA) has recommended increase inpetroleum products prices from August 01.

The regulatory body has moved the summary to petroleum division to revisethe prices of the oil products, Geo News reported.

According to the summary, OGRA has recommended Rs 5.15 per litre increasein petrol prices; Rs 5.65 per litre increase in diesel prices; Kerosene oilby Rs 5.38 per litre and light diesel oil by Rs8.90 per litre.

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The new prices will be effective from August 01.